How we operate

 

We strongly believe at Plus 4 Financial Services that we should be professional and ethical in everything that we do. To demonstrate this, all our brokers are fully professionally qualified, holding the Certificate in Mortgage Advice and Practice (CeMAP) qualification. It is our objective to work with integrity, having skill, care and diligence in all that we do and treating our our customers fairly at all times.

 

We offer a Free initial no obligation consultation which can take place in the comfort of your home at a time to suit you. We fundamentally believe that face to face advice is the best you can get. The service entails having a first meeting with you where we complete a comprehensive fact find outlining your current financial situation, goals and objectives. This detailed information enables us to fully understand your personal circumstance and requirements, allowing us to carry out the necessary research before presenting our recommendations at a second meeting.

 

Download our terms of business and Initial disclosure document here.

Why use Plus 4 Financial Services for your mortgage needs?

 

That's a pretty good question!

 

Why should you use Plus 4 Financial Services when you can walk into any number of lenders on the high street? Most high streets are dominated by the big banks and building societies, and you probably already have a reasonable relationship with the branch you bank with.

 

However, getting a mortgage is a much bigger financial responsibility than maintaining a current account or getting a personal loan. It is likely that it will be the biggest investment of your life. It’s all the more important because it involves your home. Hence it is vital that you use a specialist broker.

 

Plus 4 Financial services are a ‘whole of market’ Mortgage Consultancy. We will source a mortgage from every product available on the market today and not from a selected panel of lenders and providers as some brokers do. High Street lenders will only ever recommend a mortgage from their own limited range.

 

There are some lenders whose products are only available through the ‘intermediary market’ and are generally not available directly to the public. On occasions these deals are better priced products than those that are available directly to the public. As an added service we also research and offer products that are only available directly to the public, as from time to time some lenders offer products directly to the public that are more competitive than products available through the intermediary market. By providing this service Plus 4 Financial Services are providing our clients with GENUINE 'Whole of Market' advice.

 

We can also can source mortgages from specialist lenders tailored to your individual needs. Some lenders which do not have a branch network and rely solely on mortgage intermediaries. This cuts their costs and enables them to offer niche products and some very low rates. GMAC RFC, the residential lending arm of General Motors, isn’t a household name and is without high street branches. However, it is now one the biggest lenders in the country with a huge reputation amongst brokers.

 

We can give extra clout to your mortgage application. Your application may be considered borderline on a certain lender’s criteria, but given the amount of trust often built up between the lender and ourselves they may give you the 'benefit of the doubt.'

 

Credit scoring and deposit requirements have become ever more stringent. Too many applications with the wrong lenders for unsuitable products will leave footprints on your credit file. This could seriously damage your credit score and make it less likely that other more suitable lenders for your particular circumstances will wish to consider your application.

We spend every working day in the mortgage market and we know one lender’s policy from another so you don't have to spend hours trawling the high street or searching the internet.
We are truly impartial and we will tell you all about the finer details of the mortgage. Sometimes great looking rates have nasty stings in the tail, so what you really want is the whole picture.

We wont pass on your details to third parties unlike many of the websites that you can get quotes from, as these sites may be paid to pass on your details to the highest bidder.

 

I addition to the above Plus 4 Financial Service role extends way beyond the actual setting up of the mortgage. In fact, Plus 4 Financial Services are absolutely integral to the lending process.

 

• In the very first instance, we help the client determine what is and is not affordable and remove the jargon

• We also help the clients understanding of the buying process and in many cases explain the terms used

• We provide names of trusted and used professionals such as solicitors

• We help clients decide on a suitable mortgage given their specific circumstances. The decision is based on the facts we take the trouble to gather

• We recommend a suitable company and provide reasons for that recommendation making sure that the client fully understands what they are getting involved in

• We provide illustrations showing ALL costs involved in the process and make sure that the client has the funds available to meet these costs.

• We help the client understand all the forms provided to them by the solicitor, lender, surveyor, etc

• We liaise between all the interested parties making sure that everything is going well

• We keep the client informed of the progress of the mortgage and deal with any questions or concerns the client may have

• We help the client understand the formal offer issued by the lender and make sure they understand what they are entering into

• We make sure families can continue living in their homes should one of the mortgage holders become sick or be made redundant by recommending suitable protection policies.